vs
Grove Collaborative Holdings, Inc.（GROV）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是Grove Collaborative Holdings, Inc.的1.7倍（$71.1M vs $42.4M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -3.7%，领先5.8%），RE/MAX Holdings, Inc.同比增速更快（-1.8% vs -14.3%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-62.0K），过去两年RE/MAX Holdings, Inc.的营收复合增速更高（-4.7% vs -11.0%）
Grove Collaborative控股公司是一家公益企业，总部位于美国旧金山，在缅因州波特兰设有额外办事处。该企业以自有品牌Grove Co.推出并销售自有环保家居及个人护理产品，同时也代理销售其他品牌的相关产品，主打绿色可持续的日用消费品类目。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
GROV vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.7倍
$42.4M
营收增速更快
RMAX
高出12.5%
-14.3%
净利率更高
RMAX
高出5.8%
-3.7%
自由现金流更多
RMAX
多$33.6M
$-62.0K
两年增速更快
RMAX
近两年复合增速
-11.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $42.4M | $71.1M |
| 净利润 | $-1.6M | $1.4M |
| 毛利率 | 53.0% | — |
| 营业利润率 | -3.7% | 13.1% |
| 净利率 | -3.7% | 2.0% |
| 营收同比 | -14.3% | -1.8% |
| 净利润同比 | 87.5% | -75.2% |
| 每股收益（稀释后） | $-0.06 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GROVRMAX
| Q4 25 | $42.4M | $71.1M | ||
| Q3 25 | $43.7M | $73.2M | ||
| Q2 25 | $44.0M | $72.8M | ||
| Q1 25 | $43.5M | $74.5M | ||
| Q4 24 | $49.5M | $72.5M | ||
| Q3 24 | $48.3M | $78.5M | ||
| Q2 24 | $52.1M | $78.5M | ||
| Q1 24 | $53.5M | $78.3M |
净利润GROVRMAX
| Q4 25 | $-1.6M | $1.4M | ||
| Q3 25 | $-3.0M | $4.0M | ||
| Q2 25 | $-3.6M | $4.7M | ||
| Q1 25 | $-3.5M | $-2.0M | ||
| Q4 24 | $-12.6M | $5.8M | ||
| Q3 24 | $-1.3M | $966.0K | ||
| Q2 24 | $-10.1M | $3.7M | ||
| Q1 24 | $-3.4M | $-3.4M |
毛利率GROVRMAX
| Q4 25 | 53.0% | — | ||
| Q3 25 | 53.3% | — | ||
| Q2 25 | 55.4% | — | ||
| Q1 25 | 53.0% | — | ||
| Q4 24 | 52.4% | — | ||
| Q3 24 | 53.0% | — | ||
| Q2 24 | 53.9% | — | ||
| Q1 24 | 55.5% | — |
营业利润率GROVRMAX
| Q4 25 | -3.7% | 13.1% | ||
| Q3 25 | -6.2% | 25.0% | ||
| Q2 25 | -7.9% | 19.3% | ||
| Q1 25 | -8.1% | 7.2% | ||
| Q4 24 | -16.8% | 5.9% | ||
| Q3 24 | -14.0% | 19.4% | ||
| Q2 24 | -13.3% | 20.6% | ||
| Q1 24 | -1.0% | 5.8% |
净利率GROVRMAX
| Q4 25 | -3.7% | 2.0% | ||
| Q3 25 | -6.8% | 5.4% | ||
| Q2 25 | -8.2% | 6.4% | ||
| Q1 25 | -8.1% | -2.6% | ||
| Q4 24 | -25.5% | 8.0% | ||
| Q3 24 | -2.8% | 1.2% | ||
| Q2 24 | -19.3% | 4.7% | ||
| Q1 24 | -6.3% | -4.3% |
每股收益（稀释后）GROVRMAX
| Q4 25 | $-0.06 | — | ||
| Q3 25 | $-0.08 | — | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $-0.10 | — | ||
| Q4 24 | $-0.34 | — | ||
| Q3 24 | $-0.04 | — | ||
| Q2 24 | $-0.28 | — | ||
| Q1 24 | $-0.10 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.5M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $-17.0M | $452.4M |
| 总资产 | $53.1M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资GROVRMAX
| Q4 25 | $8.5M | $118.7M | ||
| Q3 25 | $8.9M | $107.5M | ||
| Q2 25 | $10.0M | $94.3M | ||
| Q1 25 | $9.6M | $89.1M | ||
| Q4 24 | $19.6M | $96.6M | ||
| Q3 24 | $50.8M | $83.8M | ||
| Q2 24 | $78.8M | $66.1M | ||
| Q1 24 | $77.8M | $82.1M |
总债务GROVRMAX
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | $32.2M | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益GROVRMAX
| Q4 25 | $-17.0M | $452.4M | ||
| Q3 25 | $-16.1M | $448.1M | ||
| Q2 25 | $-14.0M | $442.4M | ||
| Q1 25 | $-11.6M | $433.5M | ||
| Q4 24 | $-8.5M | $429.5M | ||
| Q3 24 | $1.5M | $423.1M | ||
| Q2 24 | $686.0K | $418.4M | ||
| Q1 24 | $7.5M | $412.0M |
总资产GROVRMAX
| Q4 25 | $53.1M | $582.5M | ||
| Q3 25 | $54.6M | $582.2M | ||
| Q2 25 | $57.8M | $574.8M | ||
| Q1 25 | $59.8M | $571.4M | ||
| Q4 24 | $65.0M | $581.6M | ||
| Q3 24 | $105.2M | $578.6M | ||
| Q2 24 | $131.8M | $571.4M | ||
| Q1 24 | $137.9M | $566.7M |
负债/权益比GROVRMAX
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | 21.16× | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-29.0K | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-62.0K | $33.5M |
| 自由现金流率自由现金流/营收 | -0.1% | 47.1% |
| 资本支出强度资本支出/营收 | 0.1% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-8.1M | $56.8M |
8季度趋势，按日历期对齐
经营现金流GROVRMAX
| Q4 25 | $-29.0K | $40.9M | ||
| Q3 25 | $-1.0M | $17.7M | ||
| Q2 25 | $987.0K | $4.6M | ||
| Q1 25 | $-6.9M | $5.7M | ||
| Q4 24 | $270.0K | $59.7M | ||
| Q3 24 | $750.0K | $17.6M | ||
| Q2 24 | $1.6M | $15.9M | ||
| Q1 24 | $-12.4M | $9.4M |
自由现金流GROVRMAX
| Q4 25 | $-62.0K | $33.5M | ||
| Q3 25 | $-1.2M | $16.4M | ||
| Q2 25 | $556.0K | $2.9M | ||
| Q1 25 | $-7.4M | $4.0M | ||
| Q4 24 | $-95.0K | $53.0M | ||
| Q3 24 | $264.0K | $16.3M | ||
| Q2 24 | $1.2M | $14.0M | ||
| Q1 24 | $-12.9M | $6.8M |
自由现金流率GROVRMAX
| Q4 25 | -0.1% | 47.1% | ||
| Q3 25 | -2.7% | 22.4% | ||
| Q2 25 | 1.3% | 4.0% | ||
| Q1 25 | -17.0% | 5.3% | ||
| Q4 24 | -0.2% | 73.2% | ||
| Q3 24 | 0.5% | 20.8% | ||
| Q2 24 | 2.3% | 17.8% | ||
| Q1 24 | -24.1% | 8.6% |
资本支出强度GROVRMAX
| Q4 25 | 0.1% | 10.4% | ||
| Q3 25 | 0.4% | 1.8% | ||
| Q2 25 | 1.0% | 2.2% | ||
| Q1 25 | 1.2% | 2.3% | ||
| Q4 24 | 0.7% | 9.1% | ||
| Q3 24 | 1.0% | 1.7% | ||
| Q2 24 | 0.7% | 2.4% | ||
| Q1 24 | 1.0% | 3.3% |
现金转化率GROVRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GROV
| Third Party Products | $23.4M | 55% |
| Grove Brands | $19.0M | 45% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
